The Electricity Company of Ghana (ECG) owes Independent Power Producers (IPPs) some US$996million for power purchased. The arrears, accumulated between 2021 and this year, stood at US$900million as at last May but have now risen to US$996million at the end of September 2022 due to ECG’s inability to fully pay …
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The Cedi traded against the dollar at a mid-rate of 8.0671 Its trade value against the Pounds Sterling was at a mid-rate of 9.7410 The Euro’s mid-rate stands at 8.2096 Note that these rates may be different at a forex bureau near you. Our forex bureau rates are provided by Afriswap …
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AviationGhana sources have confirmed that Ashanti Airlines is nearing the completion of its Air Operators Certificate (AOC) to enable it operate as an airline in Ghana. Two licenses, Air Carrier Licence (ACL) and Air Operator Certificate (AOC), are required by the aviation sector regulator, the Ghana Civil Aviation Authority (GCAA), …
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Oil prices rose on Friday amid investor concerns over tightening supplies as Russian’s invasion of Ukraine entered its second day. The price of Brent crude oil rose by more than 2% to $101 (£75) a barrel as fighting appeared to intensify near the Ukrainian capital, Kyiv. But stock markets in …
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